• 26 January 2015
MAKATI CITY, Jan. 26 -- The Department of Trade and Industry (DTI) is confident that the European Union’s (EU) new Generalized System of Preferences (GSP) scheme or GSP+ will help the government attain inclusive growth in the Philippines. During a recent forum on this new scheme, DTI Undersecretary Adrian S. Cristobal Jr. said that the Department’s program to maximize the utilization of the GSP+ is expected to create jobs in the rural areas. “We are encouraged and even inspired with the confidence of some sectors in projecting an immediate or short-term impact of about 200,000 jobs for the first year of the GSP+ implementation,” Cristobal said. Likewise, data presented by Philippine Trade and Investment Center in Brussels Commercial Counselor Zafrullah G. Masahud, show that Philippine exports under GSP are expected to increase by 10.77 percent or €491 million in the first year of the GSP+ implementation.  The products that are expected to significantly benefit from the implementation are animal or vegetable fats and by-products (e.g. coconut oil), prepared foodstuffs (e.g. prepared pasta, cashew nuts), textiles and textile articles (e.g. T-shirts, shawls, life jackets ...Read more

PH to host First APEC Senior Officials  Meeting

 CENTRAL  26 January 2015
MANILA, Jan. 26 -- The Philippines will host the First APEC Senior Officials’ Meeting and Related Meetings (SOM1) from January 26 to February 7, 2015 at Clark and Subic Freeport Zones, the Department of Foreign Affairs announced. APEC 2015 theme is “Building Inclusive Economies, Building a Bet ...Read more

Bangsamoro Law will not be watered down, solons assure public

 CENTRAL  26 January 2015
MANILA, Jan. 26  -- Two solons from Mindanao assured the public that the proposed Bangsamoro Basic Law (BBL), which is currently under deliberation in both chambers of Congress, will not be watered down, as the House of Representatives Ad Hoc Committee on the Bangsamoro’s public hearings and cons ...Read more